The “Bullish Engulfing” patterns suggests an early signal that the current correction is nearing its limit, Potential rebound above the 50% of the Fibonacci Retracement , Index is likely to break above the 40-day MA line (red) in the later sessions, A spike in the 14-day RSI indicator implies momentum is growing: Look for bullish confirmation.
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
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